Monday, August 06, 2007

Ambani brothers ride Mumbai`s makeover

Today, if you travel by road from the central suburb of Ghatkopar to the western suburb of Versova, it could take you an hour if you are not caught in a bad traffic jam. Come 2009 and you could cover the same distance by the Mumbai metro in 21 minutes and, since the metro will have air-conditioned coaches, you can hope to arrive in good shape. Besides, the maximum fare of Rs 10 will not pinch most pockets.
Similarly, if you are a businessman or a senior executive tired of coping with the city’s crumbling infrastructure, you could think of buying an apartment in the Navi Mumbai special economic zone (SEZ), which promises to offer living conditions on a par with the world’s most sophisticated cities. The city will come up next to the Navi Mumbai airport from where you could catch a flight to anywhere in the world.

And in case you are worrying about visiting Mumbai, a new 22.5 km, six-lane highway across the harbour will get you to central Mumbai in just 30 minutes.
Sounds too good? Well, that’s a glimpse of the future of Mumbai. And what’s common in these dream infrastructure projects is that the Ambani brothers, Mukesh and Anil, are either involved or pitching for them.

Read more in Business Standard